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Migami Inc., has successfully raised $3 million from an institutional investor, KT&G, to build a manufacturing plant for Bi-Layer Film Strip Technology in South Korea. KT&G purchased the shares at seventy cents per share. The Land and building will be provided by KT&G in one of it's facilities to build the plant. An announcement will be released on a later date for the construction schedule. Penny stock investors have jumped on the stock as a result of the late breaking news yesterday. MIGA shares are currently trading up 171% in todays trading.